Crypto hack 101:
> Check chains stablecoin inflows
> Check for abnormal gains
> Investigate chain
Example:
> Kaia +158% Stablecoin inflows
> Investigated the chain
> Found a pool that offers insane APR on $USDT
> Earns points as well for an airdrop
> Is supplemented with $KAIA rewards
I wouldn’t have found this out had I not used @DefiLlama to find where flows are going.
I have genuinely never looked at Kaia before for yield until seeing the large increase in stablecoins in the last 7 days.
That often gives you an indication that there are incentives available to earn extra cash, it’s your job to then investigate it.
I’ll tag below this post if you’re interested in this yield programme, this post was just a thought experiment to show you how you can utilise on-chain data to your advantage.